Brent Crude OilLong
Brent Oil – Breakout and Targeting the Next Resistance
I'm watching Brent oil closely as we're approaching a key resistance level. If we break through this resistance, my target will be the next resistance level. At that point, there could be a potential short opportunity or it may be a good idea to reduce long positions to lock in profits.
Strategy: I'll be monitoring for a confirmed breakout and will adjust my position based on price action at the next resistance.
Strategy: I'll be monitoring for a confirmed breakout and will adjust my position based on price action at the next resistance.
WiVERIDERS
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
WiVERIDERS
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.